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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Drug stores
1576 Lomaland Dr, El Paso, TX 79935-4202
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US82-4572324
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
2005
Construction
WOOD
Total area
8,249 SF
Lot
0.6 ac (26,001 SF)
Zoning code
C1
APN
P857-999-0010-0275
UPID
US82-4572324
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advant-Edge Pharmacy Inc. Pharmacy
-
Alejandro Arias Pharmacy
-
Dr. Elizabeth Fernandez-Arias Physician
-
Premier Foot & Ankle Specialist of Texas Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$1.36M
Blend (final)
Blend
$1.40M
Owner & transaction history
Advantrx LLC · 16 yrs held
Advantrx LLC
since 2010
7 recorded transactions
Zoning & alternative use
C1 · El Paso, TX
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.9M
+102.9%
Restaurant
$1.2M
+27.9%
Auto repair, garage
$1.1M
+21.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs El Paso submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs El Paso submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,560,000
6.5%
$1,440,000
7%
$1,335,000
Alternative Use
Use
Estimation
RETAIL STORES
$910,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,850,000
Change: +103% · Conversion: Difficult
RESTAURANT
$1,165,000
Change: +28% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,105,000
Change: +22% · Conversion: Difficult
OFFICE BUILDING
$875,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$170 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$49,318
Tax year 2023
Assessed value
$1,694,537
Assessed 2023
Previous assessed
$1,694,537
+0.0% YoY
Effective rate
2.91%
On assessed value
Assessed land
$228,809
Assessed improvement
$1,465,728
Land market value
$228,809
Improvement market value
$1,465,728
Total market value
$1,694,537
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
YES
Cooling
YES
Stories
1
Total area
8,249 SF
Lot
0.6 ac (26,001 SF)
Zoning code
C1
APN
P857-999-0010-0275
UPID
US82-4572324
Jurisdiction
EL PASO
Zoning & alternative use
C1 · El Paso, TX
Zoning C1 · permitted uses
C1 · El Paso, TX
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
El Paso. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$910,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.9M
RESTAURANT
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
OFFICE BUILDING
Est. value
$875,000
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
AUTO REPAIR, GARAGE
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
YES
Cooling
Yes
Stories
1
Lot
0.6 ac
Current owner
From public records · entity-resolved
Advantrx LLC
Entity
Mailing address
1576 LOMALAND DR, EL PASO, TX 79935-4202
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 10, 2010
—
Advantrx LLC
—
Trustees Deed
related
$262,491 · Wells Fargo Bank
Oct 8, 2004
—
Advantrx LLC
—
Trustees Deed
related
$862,500 · Wells Fargo Bank
—
—
Advantrx LLC
—
Deed Of Trust
related
$350,000 · Wells Fargo Bank
—
—
Advant Rx LLC
—
Deed Of Trust
related
$350,000 · Wells Fargo Bank
—
—
Advantrx LLC
—
Deed Of Trust
related
$310,470 · Wells Fargo Bank
—
—
Advantrx LLC
—
Deed Of Trust
related
$350,000 · Wells Fargo Bank
—
—
Advant Rx LLC
—
Deed Of Trust
related
$350,000 · Wells Fargo Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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